Maryland casinos report September gaming revenues of over $97 million

After posting total gaming revenues of just over $100.3 million for August, the five casinos in Maryland have now reported takings of almost $97.1 million for September, which represents an 11% increase year-on-year.

According to official figures from the Maryland Lottery And Gaming Control Agency, the Horseshoe Casino Baltimore led the way as it saw overall September gaming revenues improve by 21.6% year-on-year to just over $26.9 million with daily individual takings for its 2,202 slots averaging $218.43 while its 154 banked table games each brought in $2,569.99 per day.

September was also a positive month for the Rocky Gap Casino Resort in the west of the state after it saw monthly gaming revenues rise by 19.9% year-on-year to in excess of $4.4 million. The Allegany County venue is located just over eight miles from Cumberland and operates 634 slots alongside 17 banked table games with unit daily gross gaming revenues for the 30-day month hitting $194.43 for slots and $1,438.31 for table games.

Continuing the good news and the Maryland Live! Casino in Anne Arundel County near Baltimore generated September gaming revenues in excess of $53.9 million, which was 8.8% higher than for the same period in 2015. The state’s largest casino is owned by local firm The Cordish Companies and saw unit gross daily revenues for its 3,907 slots reach $278.37 while the figure for its 154 banked table games came in at $4,158.19.

For its part, Worcester County’s Casino At Ocean Downs generated overall September gaming revenues of just over $5.8 million, which represented a swell of 2.9% year-on-year, with its 800 slots posting daily unit gross daily gaming revenues of $244.67.

However, it was not a good month for every Maryland casino as the Hollywood Casino Perryville generated overall September gaming revenues of around $5.9 million from its 850 slots and 12 banked table games. This represented a year-on-year decline for the Cecil County venue owned by Gaming And Leisure Properties Incorporated of 4.6% with its slots averaging $195.43 a day in revenues while the figure for its table games hit $2,370.37.

The Maryland casino market is set to be joined in December by the $1.3 billion MGM Casino National Harbor in Prince George’s County near Washington, DC, while the Maryland Lottery And Gaming Control Agency declared that contributions from the gambling industry go to the Maryland Education Trust Fund and moreover support “small, minority and women-owned businesses, local impact grants and the state’s horseracing industry”.